Moorland Covered Bond LLP

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1 Moorland Covered Bond LLP Issue Date 20/Apr/09 Report Date Accrual Start Date 21/Jun/11 Accrual End Date Accrual Period 92 International Securities Number (ISIN) XS Stock Exchange Listing London Issuer The Co-operative Bank Original Ratings AAA/Aaa Current Ratings AAA/Aaa LLP Interest Payment date LLP Payment date Determination Date 31/Aug/11 Next Interest Payment Date 21/Dec/11 Previous Factor Current Factor Currency Sterling Original Principal Balance 1,400,000, Total Beginning Balance prior to payment 1,400,000, Total Ending Balance subsequent to payment 1,400,000, Total Principal Payments 0.00 Total Interest Payments - only on quarterly interest date 4,675, Reference Rate 3 month Libor Day Count Convention Actual/365/366 Relevant Margin % Coupon Reference Rate % Coupon Amount 4,675, Current Coupon % Current Interest Shortfall 0.00 Cumulative Interest Shortfall 0.00 Expected Maturity Date 21/06/2012 Extended Due for Payment Date 31/03/2058 Legal Final Maturity Date 21/06/2058 Beginning General Reserve Account Balance 17,000, Ending General Reserve Account Balance 17,000, Change in the General Reserve Account Balance 0.00 Target General Reserve Account Balance 17,000, Beginning Yield Reserve Amount Ending Yield Reserve Amount 0.00 Change in Yield Reserve Amount 0.00 Yield Reserve Required Amount 0.00 General Asset Coverage Test This Period LTV Adjustment if <= 3 months in arrears 75% if >3 months in arrears, and True Balance/Indexed Valuation <=75% 40% if >3 months in arrears, and True Balance/Indexed Valuation >75% 25% Base Asset Percentage - LLP Deed 11.3(i) 94% Fitch Asset Percentage - LLP Deed 11.3(ii) 93% Moodys Asset Percentage - LLP Deed 11.3(iii) 89% Adjusted True Balance (i) 1,662,605, Arrears Adjusted True Balance (ii) 1,557,426, A: Lower of Adjusted True Balance and Arrears Adjusted True Balance 1,557,426, B: Principal Receipts 31,786, C: Cash Capital Contributions 0.00 D: Substituion Assets 0.00 X: Flexible Redraw Capacity 0.00 Y: Deposit Set-Off Amounts 44,662, Z: WA Remaing Maturity * Principal Amt Outstanding * Neg Carry Factor 10,206, Total: A + B + C + D - (X + Y + Z) 1,534,344, Asset Percentage (%) Principal amount outstanding Covered Bond - issue 1 (ISIN: XS ) 1,400,000, Principal amount outstanding of all Covered Bonds issued 1,400,000, Amount of Credit Support 134,344, ACT Pass Fail PASS Class A1

2 Ledgers This Period Last Period Revenue Ledger 6,354, ,500, Principal Ledger 32,496, ,113, Reserve Ledger 14,000, ,000, Interest Accumulation Ledger 2,642, ,642, Principal Accumulation Ledger Capital Account Ledger 390,810, ,828, Yield Reserve Ledger Retained Principal Ledger Co-op Collateral Account Ledger 3,000, ,000, Coupon Payment Ledger Swap Collateral Ledger Intercompany Loan Ledger 1,400,000, ,400,000, Additional Information This Period Cummulative BNP Paribas Deposit Accounts 61,638, n/a Co-operative Bank Deposit Account 2,936, n/a Substitute Assets 0 - Authorised Investments 0 - Available Principal Receipts 32,501, n/a Available Revenue Receipts 32,056, n/a Value of Repurchases 6,423, ,761, Number of Repurchases 99 2,506 Value of Re-arrangements 3,833, ,850, Number of Re-arrangements 42 1,298 Value of Loans Added to Pool ,713, Number of Loans Added to Pool - 9,140 Bonds Outstanding as % of Original Bonds Issued % n/a Losses as % Bonds Issued 0.00% 0% Number of Properties Sold 0 - Principal Balance of Properties Sold Advances in period 560, ,077,798 Current SVR Rate 4.24% n/a Issuer Priority of Payments On Quarterly Interest Payment Date only Available Revenue Receipts 32,056, Available Principal Receipts 32,501, Revenue Priority of Payments Principal Priority of Payments (a) Trustee/ Security Trustee expenses - (a) New Loans acquired - (b) Accrued Expenses 139, (b) GIC deposit to ensure ACT compliance - (c) 3rd Party Fees 70, (c) Term Advance repayments - (d) Term Advance Interest 4,675, (d) Capital Distribution 32,501, (e) Swap Payments 7,958, (f) GIC Account Credit if Servicer Event of Default - (g) Required Amount 17,000, (h) Swap Termination fees - (i) Members/ Asset Monitor Indemnity - (k) Liquidation Member payment (l) Member's profit (j) DPC 2,212, (r) Issuer Retained Profit Original Weighted Average Life 18.8 Timing of the Collateral report 31/Aug/11 Currency Sterling Prior Month Total Number of Residential Mortgage Loans 19,175 Current Total Number of Residential Mortgage Loans 18,815 Prior Month Total Value of Residential Mortgage Loans 1,799,746,043 Current Total Value of Residential Mortgage Loans 1,758,308,319 Current Average Loan Size 93, Current Weighted Average Seasoning (Months) 51.4 Weighted Average Interest Rate 4.1 Weighted Average Remaining Term 207 Original Loan to Value Ratio (at Issuance) 64.62% Current Indexed Loan to Value Ratio 62.09% Current Non-Indexed Loan to Value Ratio 56.88% Delinquencies A loan is classified as 'delinquent' if the arrears balance is greater than zero as at the date of the collateral report

3 Delinquency Band (excluding possessions) Total Balance No % of Total Balance 0.01 <= 1 Months in Arrears 1,758,308,319 18, % 1.01 <= 2 Months in Arrears % 2.01 <= 3 Months in Arrears % > 3 Months % Net Loss - Cumulative Net Loss - Average Loss Severity (In Period) 0.00% Average Loss Severity (Cumulative) 0.00% Repossessions and Sales Total Balance No Possessed properties (current period) - 0 Possessed properties (to date) - 0 Sales (current period) - 0 Sales (to date) - 0 Outstanding Repossessions Total Balance No % of Total Balance Last Period Current Residential Mortgage Loan Principal Balance 1,758,308, ,799,746, Principal Payment Rate 1.66% 1.47% Annualised PPR Speed (Based on monthly principal payment rate) 18.11% 16.23% Region Total Balance No % of Balance East Anglia 76,697, % East Midlands 117,764,030 1, % London 168,671,781 1, % North 60,022, % North West 247,405,600 3, % South East 464,718,173 3, % South West 179,931,033 2, % Wales 65,102, % West Midlands 248,447,664 3, % Yorks and Humber 129,547,324 1, % Mortgage Size Total Balance No % of Balance Less than or equal to 30K 42,203,105 2, % More than 30k up to and including 50K 111,892,039 2, % More than 50k up to and including 75K 225,755,354 3, % More than 75k up to and including 100K 278,775,367 3, % More than 100k up to and including 125K 272,676,398 2, % More than 125k up to and including 150K 210,524,081 1, % More than 150k up to and including 200K 276,071,976 1, % More than 200k up to and including 400K 290,116, , % More than 400K up to and including 500K 27,786, % More than 500k 22,506, % Mortgage Type Total Balance No % of Balance Owner Occupied Purchase 776,852,336 6, % Owner Occupied Remortgage 981,455,984 11, % Mortgage Payment Frequency Monthly Interest Payment Type Total Balance No % of Balance Capital & Interest 1,171,485,590 13, % Interest Only 401,736,190 3, % Mixed (Part & Part) 185,086,538 1, % Non-indexed Current LTV (Using Original Valuation) Total Balance No % of Balance Less than or equal to 25% 159,688,641 4, % More than 25% up to and including 50% 527,253,784 6, % More than 50% up to and including 55% 131,466,586 1, % More than 55% up to and including 60% 126,899,112 1, % More than 60% up to and including 65% 126,656, % More than 65% up to and including 70% 120,445, % More than 70% up to and including 75% 131,835, % More than 75% up to and including 80% 109,510, % More than 80% up to and including 85% 118,767, % More than 85% up to and including 90% 142,071,678 1, % More than 90% up to and including 95% 37,391, % More than 95% up to and including 100% 13,903, % Over 100% 12,417, %

4 Indexed Current LTV (Using Original Valuation) Total Balance No % of Balance Less than or equal to 25% 137,045,073 3, % More than 25% up to and including 50% 459,984,109 5, % More than 50% up to and including 55% 120,985,719 1, % More than 55% up to and including 60% 117,282,890 1, % More than 60% up to and including 65% 105,905, % More than 65% up to and including 70% 114,341, % More than 70% up to and including 75% 115,001, % More than 75% up to and including 80% 106,528, % More than 80% up to and including 85% 98,969, % More than 85% up to and including 90% 119,161, % More than 90% up to and including 95% 78,544, % More than 95% up to and including 100% 61,459, % Over 100% 123,099, % Interest Rate Total Balance No of Sub Accounts % of Balance % 117,143,360 2, % % 298,845,073 4, % % 224,453,640 3, % % 593,790,454 8, % % 447,100,161 5, % % 76,683, % % 292, % Total 1,758,308,319 25, % Years to Maturity Total Balance No % of Balance 0 and less than or equal to 5 years 75,939,610 1, % Greater than 5 years and less than or equal to 10 years 180,937,053 2, % Greater than 10 years and less than or equal to 15 years 336,293,175 4, % Greater than 15 years and less than or equal to 20 years 558,441,401 5, % Greater than 20 years and less than or equal to 25 years 425,515,678 3, % Greater than 25 years and less than or equal to 30 years 128,479,956 1, % Greater than 30 years 52,701, % Property Type Total Balance No % of Balance Detached House 592,071,649 5, % Flat/ Maisonnette 155,405,394 1, % Semi- Detached House 75,826, % Terraced House 518,799,682 6, % Other 416,204,830 4, % Interest Rate Type Total Balance No of Sub Accounts % of Balance Base 406,955,453 6, % Fixed- reverting to SVR 1,070,981,203 14, % SVR 280,371,663 4, % Total 1,758,308,319 25, % Deal Triggers Provider Rating Triggers (M- Moody's/ F- Fitch) Current Rating (M- Moody's/ F- Fitch) Action Active Fixed Rate Swap Provider J.P. Morgan Securities Ltd, J.P. Morgan Chase Bank N.A (Guarantor) A2, P-1/ A, F1 Aa1, P-1/ AA-, F1+ N/A No Floating Rate Swap Provider The Co-operative Bank PLC N/A A2, P-1/ A-,F2 N/A N/A Issuer Account Bank (i) The Co-operative Bank PLC Loss of P-1 (M S-term)/ A, F1 (F) A2, P-1/ A-,F2 Deposits limited to Collateralised Amount- 10m Yes Issuer Account Bank (ii) Bank of New York Mellon Loss of P-1 (M S-term)/ A, F1 (F) P-1/ AA, F1+ N/A No Collection Account Bank National Westminster Bank PLC (in the name of the Cooperative Bank PLC) Loss of Baa3 (M L-term) Aa3, P-1/ AA-, F1+ N/A No Cash Manager The Co-operative Bank PLC Loss of Baa1 (M L-term)/ Loss of BBB- (F L-term) A2, P-1/ A-,F2 N/A No Servicer The Co-operative Bank PLC Loss of Baa1 (M L-term)/ Loss of BBB- (F L-term) A2, P-1/ A-,F2 N/A No

5 Deal Participant Information Cash Manager The Co-operative Bank PLC Paying Agent HSBC Bank PLC Account Banks The Co-operative Bank PLC Servicer The Co-operative Bank PLC BNP Paribas Securities Services Note Trustee HSBC Corporate Trustee Company (UK) Ltd Corporate Services Provider Structured Finance Management Limited Lead Arrangers J.P. Morgan Securities Ltd & HSBC Bank PLC Information Sources The Co-operative Bank PLC Point Contact Angela Bailey Contact Information Telephone +44 (0) Fax +44 (0) Britannia House, Cheadle Road, Leek, Staffordshire, Address ST13 5RG Bloomberg or Reports Distribution Channels _site/microsite/bts/index.html Bloomberg COOPWH-CORP Report Frequency Monthly

Silk Road Finance Number One PLC

Silk Road Finance Number One PLC Issue Date 25 February 2010 Issuer Silk Road Finance Number One PLC Stock Exchange Listing London Report Publishing Date 31 March 2015 Report Period Start Date 01 February